FAQs

  1. WHO CAN LEND?
    Anyone who is passionate about helping low-income women break the cycle of poverty.
  1. HOW DO I LEND?
    Click on the lend button on our lending page to select any woman you will like to help or click on fund any of our women to select any woman in our data base
  1. HOW LONG CAN I LEND?
    For 6 months, after 6 months you can decide to relend or withdraw your money.
  1. HOW MUCH INTEREST DO I GET ON MY MONEY?
    You get double interest, You get Social Interest, that is satisfaction that you have helped a poor woman start a business to feed and educate her children and a 5% interest on the amount you lent to the woman. For example you lend N10,000.00 (Ten thousand naira) your interest of 5% will be 5% × 10000= N500. So at the end of 6months you get N10,500.00.
  1. HOW SAFE IS MY MONEY?
    The women listed are women who have been trained by our team on how to manage their business, but be aware that you might lose all or part of your money if the woman cannot pay back due to business or health failure.
  1. HOW DO I GET MY MONEY AFTER LOAN PERIOD TO A WOMAN HAS ELAPSED?
    We will contact you and transfer your money back to the bank account you provide.
  1. IS PAYMENT SECURED?
    All payment goes through securely-encrypted and verified security channels. Our payment are secured.

Do you have further questions? Send an email to lend@mamamoni.org